Whetstone Capital Advisors LLC Grows Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Whetstone Capital Advisors LLC raised its position in shares of Douglas Elliman Inc. (NYSE:DOUG) by 21.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,484,347 shares of the company’s stock after purchasing an additional 258,012 shares during the quarter. Douglas Elliman accounts for about 1.3% of Whetstone Capital Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Whetstone Capital Advisors LLC owned approximately 1.62% of Douglas Elliman worth $2,716,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Point72 DIFC Ltd boosted its stake in shares of Douglas Elliman by 2,757.2% in the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock worth $31,000 after acquiring an additional 25,421 shares during the period. Mesirow Financial Investment Management Inc. bought a new position in Douglas Elliman in the 3rd quarter worth approximately $34,000. Atria Investments Inc grew its holdings in Douglas Elliman by 62.5% during the 3rd quarter. Atria Investments Inc now owns 20,434 shares of the company’s stock valued at $37,000 after buying an additional 7,862 shares in the last quarter. Venture Visionary Partners LLC bought a new stake in shares of Douglas Elliman during the third quarter valued at approximately $62,000. Finally, Charles Schwab Investment Management Inc. purchased a new position in shares of Douglas Elliman in the third quarter worth $73,000. 59.56% of the stock is currently owned by institutional investors.

Douglas Elliman Trading Up 5.7 %

Shares of NYSE:DOUG opened at $2.80 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. The firm has a fifty day moving average price of $1.85 and a 200 day moving average price of $1.60. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $3.16.

About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.